Industrial Carbon Dioxide Emissions, All Fuels for North Dakota
EMISSCO2TOTVICTONDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.94
Year-over-Year Change
42.05%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide (CO2) emissions from all fuel sources in the state of North Dakota. It is an important indicator for policymakers and analysts to monitor the environmental impact of industrial activity in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Industrial Carbon Dioxide Emissions, All Fuels for North Dakota metric tracks the total volume of CO2 released into the atmosphere from industrial processes and combustion of fossil fuels within the state. This data helps quantify the greenhouse gas contribution of North Dakota's industrial sector and supports policy decisions related to emissions reduction targets.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
Policymakers and environmental groups use this trend to assess the state's progress towards emissions reduction goals and the relative carbon footprint of its industrial base.
Key Facts
- North Dakota is a major energy-producing state.
- Industrial activities account for over 50% of the state's total CO2 emissions.
- Emissions from the state's oil and gas sector are a key focus for policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of carbon dioxide (CO2) emissions from industrial activities and fuel combustion in the state of North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This data is critical for policymakers and environmental groups to track the greenhouse gas impact of North Dakota's industrial sector and support emissions reduction strategies.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects this data based on reported fuel consumption and established emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess North Dakota's progress towards emissions reduction goals and the carbon footprint of its key industries.
Q: Are there update delays or limitations?
A: This data is published on a regular schedule by the U.S. Energy Information Administration with minimal delays.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, All Fuels for North Dakota (EMISSCO2TOTVICTONDA), retrieved from FRED.